Gitpod secures $3 million in funding from Speedinvest, Crane Venture Partners and Vertex Ventures.

Gitpod, a Kiel, Germany-based open source developmer platform, announced raising capital in a round of $3 million.

The money was raised from investors led by Speedinvest and including contributions from Crane Venture Partners and Vertex Ventures US.

At the same time, the company announced a partnership and native integration with GitLab, the DevOps platform delivered as a single application. Gitpod is an open source GitOps solution that leverages the version control system as the canonical source of truth to automate everything a developer needs to start coding.

Gitpod frees engineering teams from the friction of manually setting-up local dev environments, saving dozens of hours and enabling a new level of collaboration to create applications much more quickly than ever before.

Gitpod is built by TypeFox which was founded in 2016 by Sven Efftinge, Moritz Eysholdt, and Dr. Jan Koehnlein.

Previously bootstrapped, this marks Gitpod’s first fund raise. The funding will be used to further refine the leading platform for development environment automation, as well as to expand Gitpod’s open source community and relevant ecosystem partnerships.